SECP specifies Bahrain’s credit rating agency for joint venture

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has specified Islamic International Rating Agency, Bahrain for the purpose of entering into joint venture with a credit rating company in Pakistan.

The SECP issued SRO 1404(I)/2018, stating that the commission had specified the Islamic International Rating Agency, Bahrain, as internationally recognized foreign rating institution for the purpose of entering into joint venture or technical collaboration arrangement with a credit rating company in Pakistan.

Follow us

PKRevenue.com is an independent portal of multiple source for economic and financial updates across Pakistan as well as the globe. The website focuses on micro- and macro-economic issues. The primary topics discussed here included: finance, taxes, money and banking, commerce, money market and equity market etc.